{
  "commitment": {
    "id": "fin-ca-gpi-cyclic-2026-centre-excellence",
    "eventId": "evt-ca-g7-cmpa-2026",
    "relationships": [],
    "instrument": "grant",
    "valueRole": "commitment",
    "capitalSource": "public",
    "amount": {
      "value": "9100000",
      "currency": "CAD",
      "qualifier": "up_to",
      "amountAsStated": "up to $9.1 million",
      "currencyBasis": "issuer_context"
    },
    "provider": "Natural Resources Canada (Global Partnerships Initiative)",
    "providerJurisdiction": "canada",
    "providerOrgIds": [
      "org-ca-nrcan"
    ],
    "legalAuthority": null,
    "programmeId": null,
    "recipient": "Cyclic Materials Inc.",
    "recipientOrgIds": [
      "org-cyclic-materials"
    ],
    "project": "Kingston Centre of Excellence for Rare Earth Recycling",
    "projectId": "prj-ca-cyclic-kingston-centre-of-excellence",
    "facility": null,
    "locations": [
      {
        "countryCode": "CA",
        "subnational": "Ontario",
        "asStated": "Kingston, Ontario"
      }
    ],
    "materialIds": [
      "rare-earth-elements"
    ],
    "materialAttribution": "tracked_only",
    "untrackedMaterialsAsStated": [],
    "stages": [
      "separation",
      "processing",
      "recycling"
    ],
    "stageAllocation": "multi_stage_unallocated",
    "financialStatusHistory": [
      {
        "status": "decided",
        "date": "2026-03-02",
        "sourceId": "src-nrcan-cmpa-2026-round2",
        "note": "The backgrounder calls the investment \"conditionally approved\". It is therefore recorded as decided, not contracted."
      }
    ],
    "implementationStatusHistory": [
      {
        "status": "construction",
        "date": "2026-01-20",
        "sourceId": "src-cgf-cyclic-2026",
        "note": "The CGF release says Cyclic was constructing its first commercial-scale Hub in Kingston."
      }
    ],
    "lifecycleReview": {
      "financialStatusCheckedAt": "2026-10-02",
      "implementationStatusCheckedAt": "2026-10-02"
    },
    "terms": [],
    "outcomes": [],
    "evidence": [
      {
        "sourceId": "src-nrcan-cmpa-2026-round2",
        "supports": [
          "value_role",
          "capital_source",
          "amount",
          "provider",
          "recipient",
          "project",
          "location",
          "stages",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Cyclic Materials bullet",
        "note": "The March backgrounder identifies the Kingston rare-earth recycling Centre of Excellence, the up-to-C$9.1 million GPI amount and its conditionally approved status."
      },
      {
        "sourceId": "src-nrcan-gpi-programme",
        "supports": [
          "instrument",
          "project",
          "stages",
          "materials"
        ],
        "evidence": "explicit",
        "locator": "GPI description; GPI funded projects — Contribution funding — Cyclic Materials Inc.",
        "note": "The programme page describes GPI contribution funding as non-repayable and says Cyclic's funding advances processing, separation and metallization technologies for an integrated rare-earth recycling value chain; normalized to the tracker's grant instrument."
      },
      {
        "sourceId": "src-cgf-cyclic-2026",
        "supports": [
          "status"
        ],
        "evidence": "explicit",
        "locator": "Company description",
        "note": "Supports the project's construction status, not the GPI financial status."
      }
    ],
    "notes": "A current GPI programme page now lists Cyclic among funded projects, but it does not publish an executed agreement date for this award. The financial lifecycle therefore remains at the March 2 conditionally approved/decided stage rather than being promoted to contracted."
  },
  "event": {
    "id": "evt-ca-g7-cmpa-2026",
    "date": "2026-03-02",
    "jurisdiction": "canada",
    "titleEn": "Canada announces second round of Critical Minerals Production Alliance partnerships and investments"
  },
  "parents": [],
  "children": [],
  "sources": [
    {
      "id": "src-nrcan-cmpa-2026-round2",
      "title": "Canada secures 30 new critical minerals partnerships and unlocks $12.1 billion in mining project capital",
      "publisher": "Natural Resources Canada",
      "url": "https://www.canada.ca/en/natural-resources-canada/news/2026/03/canada-secures-30-new-critical-minerals-partnerships-and-unlocks-121-billion-in-mining-project-capital.html",
      "language": "en",
      "datePublished": "2026-03-02",
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "NRCan backgrounder for the second round of Critical Minerals Production Alliance partnerships. For Cyclic Materials, it states that the Kingston rare-earths recycling Centre of Excellence had a conditionally approved investment of up to C$9.1 million through the Global Partnerships Initiative and separately cites the recent US$25 million Canada Growth Fund equity investment."
    },
    {
      "id": "src-nrcan-gpi-programme",
      "title": "Global Partnerships Initiative",
      "publisher": "Natural Resources Canada",
      "url": "https://www.canada.ca/en/campaign/critical-minerals-in-canada/federal-support-for-critical-mineral-projects-and-value-chains/global-partnerships-initiative.html",
      "language": "en",
      "datePublished": null,
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "NRCan's standing Global Partnerships Initiative page. It describes contribution funding as non-repayable and lists Cyclic Materials among GPI funded projects, with up to C$9.1 million to advance processing, separation and metallization technologies for an integrated rare-earth recycling value chain. The page is updated in place and carries no publication date."
    },
    {
      "id": "src-cgf-cyclic-2026",
      "title": "Canada Growth Fund Invests US$25 Million in Cyclic Materials to Strengthen Canada’s Rare Earth Supply Chain",
      "publisher": "Canada Growth Fund",
      "url": "https://www.cgf-fcc.ca/en/news/canada-growth-fund-invests-us-25-million-in-cyclic-materials-to-strengthen-canadas-rare-earth-supply-chain/",
      "language": "en",
      "datePublished": "2026-01-23",
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Canada Growth Fund press release. The page is dated 23 January 2026 and carries a Kingston dateline of 20 January 2026. It states that CGF invested US$25 million in Cyclic Materials as part of a US$75 million Series C preferred-equity round, supporting expansion of the Kingston Centre of Excellence, Canadian R&D, the first commercial Hub and broader commercialization. It also states that Cyclic was then constructing its first commercial-scale Hub in Kingston."
    }
  ]
}